The Big 3: IONQ, DDOG, STX

Group 1: IonQ - IonQ is currently at its 50-day moving average, with a market cap of $22 billion and a high PE ratio, indicating potential overvaluation concerns in the quantum stock sector [1][3] - The stock is at critical support levels, and a diagonal call spread strategy is being employed, suggesting a bullish outlook if the support holds [2][3] - The trading range of $55 to $65 is highlighted as significant, with potential for a price pop if the critical support area is maintained [6][7] Group 2: DataDog - DataDog is approaching earnings with elevated implied volatility, and the stock is near major resistance levels [9][10] - A diagonal put spread strategy is being utilized, indicating a bearish outlook, with a risk of approximately $1 if the stock moves up [10][12] - The price action shows a symmetrical triangle pattern, with key levels around $140 to $145 and a potential breakout above $164 [12][14] Group 3: Seagate - Seagate has experienced significant momentum following strong earnings, but there are concerns about the sustainability of this rally [15][18] - A bearish iron condor strategy is being implemented, with a credit of approximately $3.50, indicating a short-term trade anticipating a pullback [18][19] - Key resistance levels are identified between $235 and $265, with old highs around $280.35 serving as potential targets for price movement [21][24]